Indian Bank launched 10 startup cells on the Independence Day
August 16, 2023
Under the initiative, a bouquet of tailor-made banking products and services are designed for startups keeping in mind their unique and specialized banking requirements. It includes offering payment gateways, corporate credit cards and credit facilities apart from other existing products of the bank. With the aim to bolster the start-up ecosystem and address the unique financial challenges faced by these dynamic enterprises, Indian Bank has formulated customised loan product \’IND SPRING BOARD\’ for meeting credit requirement (OPEX/CAPEX) of Start-ups. Indian Bank has also entered into strategic collaborations with renowned institutions viz IITs / IIMs and Incubation Cells, fostering an environment of growth and innovation.